508380 justice jasmeet singh delhi hc.webp

Restraining Breaching Party From Activities Barred By Shareholders’ Agreement Is Not Prohibited U/S 27 Of Contract Act: Delhi High Court

The Delhi High Court bench of Justice Jasmeet Singh has held that restraining a breaching party through an interim award passed under Section 17 of the Arbitration and Conciliation Act from engaging in certain activities, as per the terms of Shareholders’ Agreement (SHA), to prevent the subject matter of arbitration from being rendered futile, is…

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FNZ Faces $4.6 Billion Lawsuit Over Dilution of Employee Shareholder Stakes, ETLegalWorld

FNZ Faces $4.6 Billion Lawsuit Over Dilution of Employee Shareholder Stakes, ETLegalWorld

Some employee shareholders at New Zealand-based FNZ have filed a $4.6 billion claim against the wealth management firm and 17 current and former directors, alleging their stakes were unfairly diluted through the issuance of preference shares and warrants. Kiwi CayLP, representing FNZ’s class B shareholders, alleged a share issuance unfairly shifted $1.5 billion in value…

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Shareholder Rights and Protection in the Merger and Acquisition of Startup Companies: A Comparative Study

Shareholder Rights and Protection in the Merger and Acquisition of Startup Companies: A Comparative Study

Shareholder Rights and Protection in the Merger and Acquisition of Startup Companies: A Comparative Study Author: Stuti Narayan Introduction In the fast-paced and competitive landscape of startup companies, mergers and acquisitions (M&A) have become a common strategy for growth and consolidation. However, these transactions involve significant changes in ownership and control, often raising concerns and…

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